Punj Lloyd bags Rs.1,177 cr trilateral highway
Shortly after identifying the successful bidder, NHAI issued the letter of award to Punj Lloyd and Varaha Infra joint venture for the construction of a two-lane highway stretch in the Kalewa-Yargi section of the upcoming India-Myanmar-Thailand (IMT) Trilateral Highway. The highway will connect India with Thailand through Myanmar via 120-km length at an estimated cost of Rs.1,177 crore. India has already built the 132-km section, referred to as Friendship Highway, from the border town of Tamu to Kalewa and also a separate contract is underway for upgrading of 69 bridges along the Tamu-Kalewa stretch, said sources, claiming that NHAI will meet the Myanmarase authorities to ensure a minimum 80% land availability to kick off construction. Myanmar has already assured NHAI of land availability. Punj has past experience of executing contracts in Myanmar. A detailed project report (DPR) is underway to build the Rih-Tedim road that will help connect the Trilateral Highway through Zokhawthar-Rih border in Mizoram, where India has already committed funds for widening the highway. Currently, Myanmar is connected by road only through Moreh in Manipur and India plans to extend road connectivity to the entire CLMV (Cambodia, Laos, Myanmar and Vietnam) region.